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alexandr1967 [171]
3 years ago
9

Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20 percent. Households depo

sit $5,000 in currency into the bank, and the bank adds that currency to its reserves. What amount of excess reserves does the bank now have
Business
1 answer:
bekas [8.4K]3 years ago
5 0

Answer:

$4000

Explanation:

Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.

Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves

Total deposits = $100,000 + $5,000 = $105,000

Required reserves = 0.2 x 105000 = 21,000

total reserves = $20,000 + 5000 = 25,000

excess reserves = 25,000 - 21,000 = 4000

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Answer:

D) inventory

Explanation:

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Choice D is the correct answer .

Choice A is not correct because throughput means output of something after processing .

Information system means systems relating to or showing information.

The sugar , corn wheat , oats, rice and barley are the raw direct materials used in the production of the cereals.

4 0
3 years ago
Julie is developing a budget for her firm's IMC program. First she sets objectives. Then she chooses media, and finally she dete
OLga [1]

Answer:

B) objective-and-task

Explanation:

The objective and task method of establishing an integrated marketing communications (IMC) budget is usually the most appropriate budgeting method. The budget is usually prepared by the marketing managers based on the cost of accomplishing the communications objectives. Marketing managers will first establish their communications objectives and then figure out how much it costs to achieve them.

8 0
3 years ago
Describe an example of a task that it might make sense for a company to outsource.
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The best example of a task that makes a lot of sense in a company to outsource its customer support which is more common than phone support. Even the costs may be high, there are many parts which employing, providing office space, and training, and paying taxes on support reps are not very high.
8 0
3 years ago
How did madrids tax reforms also aggravate discontent?
ziro4ka [17]
Are there any choices or no??
6 0
4 years ago
If Tex's Manufacturing Company purchases the component externally, $20,000 of the fixed costs can be avoided. At what external p
Delvig [45]

Answer:

$210,000

Explanation:

The computation of the external price is shown below

Making cost =  buying  cost

$120,000 + $25,000 + $45,000 + $30,000) = external price + Unavoidable fixed cost (30,000-20,000)

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Hence, the same is to be considered

Therefore the external price is $210,000

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4 years ago
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